BLG 0.00% 3.3¢ bluglass limited

From an accounting perspective how would these shares issued in...

  1. 144 Posts.
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    From an accounting perspective how would these shares issued in lieu of wages be treated?

    The shares are a non-cash benefit (for their full cash equivalent value?) so would the company (BLG) be liable for tax payments or a negative accrual in the books?

    Especially for the ones issues at .02 cents which would, more than likely, be less than market value.
 
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